VietlawOnline

blue-check From October 1st, 2021 to December 31st, 2021: Interest rates applicable to loans granted under policy credit programs shall be reduced by 10%

Decision No. 1990/QD-TTg dated November 26th, 2021 of the Prime Minister on reduction in interest rates on loans granted under policy credit programs at Vietnam Bank for Social Policies
Posted: 29/11/2021 8:55:45 AM | Latest updated: 30/11/2021 3:52:38 PM (GMT+7) | LuatVietnam: 5344 | Vietlaw: 538
VietlawOnline

Interest rates applicable to loans granted under policy credit programs at Vietnam Bank for Social Policies shall be reduced by 10% from October 1st, 2021 to December 31st, 2021.

After December 31st, 2021, interest rates applicable to loans granted under policy credit programs shall be applied according to the old rates.

Entities entitled to this policy shall be based on Decree No. 78/2002/ND-CP .

This Decision takes effect from October 1st, 2021 to the end of December 31st, 2021.

Ms Phuong Thao (VietlawOnline.com)
Please tag VietlawOnline.com for reposting this article

Related documents

Penalty document

Unknown

Information

Effective Date 1-Oct-2021
ExpiredDate 1-Jan-2022
Published Vietlaw's Newsletter No. 538

Files attachment

enflag pdficon QD1990-26112021TTg[VLO].pdf

Timeline

No data

Borrowing

light-check Regulations on risk management with regard to loans given by the National Technology Innovation Foundation
blue-check
blue-check Sectors prioritized for banks’ loan provision
blue-check New Regulation on management of enterprises’ foreign loans
blue-check New regulations on bank guarantee
blue-check SBV shall soon eliminate issues relating to procedures for enjoyment of 2% lending interest rate support for enterprises
blue-check Regarding VAT upon selling collateral
blue-check Conditions for provision of interest rate support for loans for socio-economic recovery and development
blue-check Enterprises shall be subsidized interests up to 2%/year of loan
blue-check Forms of provision of interest rate support for enterprises
blue-check Eligibility requirements for loan and loan limit for private pre-schools affected by Covid-19
blue-check Credit policies for enterprises and the people in mountainous regions
blue-check Regarding credit for students with difficult family circumstances to buy equipment for online learning
blue-check Amendments to regulations on credit provision for students
blue-check In 2022-2023 period enterprises shall be provided 2% of interest rate support upon borrowing loans for business and production recovery
blue-check From October 1st, 2021 to December 31st, 2021: Interest rates applicable to loans granted under policy credit programs shall be reduced by 10%
blue-check Amendments to policies on debt rescheduling, reduction and exemption of interest for borrowers affected by Covid-19
blue-check Information about policies on loan interest exemption, reduction amid Covid-19
blue-check New regulations on classification of debts, setting up of risk provisions at banks
blue-check Regulations on refinancing loans granted to Vietnam Bank for Social Policies (for implementing polices to support employees and employers affected by Covid-19 pandemic)